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Two-Unit Bi-Level Duplex
For Sale
$525,000

1136 N 4TH ST, Philadelphia, PA 19123

Tenant-occupied duplex with two bi-level residences, each offering two bedrooms in Northern Liberties.

Property Size1,802 SF
Price / SF$291.34
Days on Market95

Property Features for 1136 N 4TH ST

General Information

Standard status Active
Size 1,802 SF
Property subtype Multi-family

Units

Unit Mix 2 x 2BR
Multifamily Units 2
Listing Agency: Fred R Levine Real Estate
Listed By: Fred R Levine · License #RB043558A
Source: 360
Added: Jul 20 Changed: Oct 7 Last Checked: Oct 20 at 8:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fred R Levine Real Estate

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Investment Insights

Based on property information with market context.

This 1,802-square-foot duplex contains two bi-level residences, each configured with two bedrooms. The property is being offered with both units tenant occupied, providing an existing residential rental setup.

Located at 1136 N 4TH ST in Philadelphia’s Northern Liberties, the building includes staggered lease expirations. Unit A’s lease runs through 2/28/26, while Unit B’s lease continues through 11/30/25. Both residences are currently rented.

Key Highlights

  • Two‑unit duplex with 1,802 SF of total property size
  • Each residence is a bi‑level, two‑bedroom unit
  • Both units are tenant occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,751
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,020 $615.0K
Cap Rate 7%
$439,300 $439.3K
Cap Rate 9%
$341,678 $341.7K
Market Conditions
NOI Build-Up for 1,802 SF
Gross rent
$46.5K $25.80/SF
− Vacancy
−$2.6K −$1.42/SF
EGI
$43.9K $24.38/SF
− OpEx
−$13.2K −$7.31/SF
NOI
$30.8K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,020
Cap Rate 7%
$439,300
Cap Rate 9%
$341,678

Alternative Uses

Best Use
Multifamily LT 5
$439.3K
$384.4K – $512.5K (±1% cap)
NOI $30,751 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$404.9K
$354.3K – $472.4K (±1% cap)
NOI $28,345 @ 7.0% cap · market cap 5.40%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,393
Businesses Nearby

Demographics for 19123, PA

18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied duplex with two bi-level residences, each offering two bedrooms in Northern Liberties.
Where is this duplex located?
The property is located at 1136 N 4TH ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,802 SF of total property size; Each residence is a bi‑level, two‑bedroom unit; Both units are tenant occupied
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